Why is Solara Active PP falling/rising?

As of 20-Jun, Solara Active Pharma Sciences Ltd Partly Paidup has experienced a price increase, currently trading at Rs 400.00, which reflects a rise of Rs 30.1 or 8.14%. Today's price summary indicates that the stock has outperformed its sector by 7.53% and has gained after two consecutive days of decline. The stock reached an intraday high of Rs 420, showcasing significant volatility with an intraday fluctuation of 5.66%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 60.64% compared to the 5-day average, which could indicate a potential concern regarding sustained interest in the stock.
In the broader market context, the stock has shown a strong short-term return of 9.75% over the past week, significantly outperforming the Sensex, which only increased by 1.59% during the same period. While the year-to-date performance of Solara Active PP shows a decline of 3.85%, the recent upward movement may be a reaction to short-term trading dynamics rather than a long-term recovery, especially given the overall market's positive trend. The liquidity of the stock remains adequate for trading, but the falling delivery volume suggests that caution may be warranted among investors moving forward.